Computer and information technology application in healthcare processes, procedures, and data management is known as Healthcare IT. Increasing the effectiveness and caliber of healthcare delivery involves using technology to store, retrieve, share, and analyze healthcare information. With the rise of virtual consultations, telemedicine has become increasingly popular. Patients can now consult with their doctors remotely using video conferencing tools, reducing the need for in-person visits.
The overall healthcare IT market is estimated to be over 400 billion in 2025 and is expected to expand at a compound annual growth rate (CAGR) of 20.02% from 2025 to 2035. The Healthcare IT market is expected to be around USD 2350 Billion by the year 2035. The increasing usage of smartphones, growing demand for remote patient monitoring for improved out-of-hospital care, technologically advanced healthcare IT infrastructure, and an increase in the number of initiatives and investments supporting eHealth and digital are driving the overall market growth.